TO THE FINANCIAL STATEMENTS FOR THE YEAR/PERIOD ENDED 30 JUNE 2006 INTEREST INCOME AND OTHER EXPENSES (continued) (a) Interest Income (continued) (b) Other Expenses Other expenses ... ENDED 30 JUNE 2006 DISTRIBUTIONS Page 88

were reduced to nil in 2004, 2005, 2006, 2007, 2008 and 2009. Incometaxes ... out in the prospectus (a rate of 0.50% of the net asset value of the Trust). Such fees ... a service fee to dealers equal to 0.40% of the net asset value, calculated and paid

income (sixty per cent in retailing and the rest distributed oyer the economy as a whole), and a net increase in state and local taxes of $118, 000, 000 as a result ... Additional impacts of the school sales tax holiday in Florida included

net operating loss carryforwards and U.S. minimum tax credit carryforwards ... to the provisional corporate incometax rate for 2011 and 2012. Taxes paid as a result ...incometax rate did not have an impact on our financial results for 2010, and FCX